The power of compounding

The two often overlooked factors that can significantly grow a small trading account into a substantial one are the power of compounding and time. 

Top-down approach

The key factor that one must consistently analyze in trading is the existing market conditions. Market conditions are constantly changing, transitioning from trending to ranging and vice versa, as well as shifting from periods of low volatility to high volatility. 

Time we spend on trading

Let take a look at the relationship between time and money, especially in the context of trading. While it is commonly understood that time is money in many professions, trading, particularly day trading, operates differently. 

Finding the Right Mindset

As human beings, it's natural for us to seek control and order in our lives. From an early age, we are guided to follow a set path – study hard, heed our parents' advice, respect authority, secure a good job, start a family, and so on – in pursuit of what society deems as the perfect life. However, this standardized approach may not align with the uncertainties inherent in activities like trading.